REFERENCE: Ref.03_07 Following Are Selected Accounts for Green Corporation and Vega Company

question 49

Multiple Choice

REFERENCE: Ref.03_07
Following are selected accounts for Green Corporation and Vega Company as of December 31,2010.Several of Green's accounts have been omitted.
Green obtained 100% of Vega on January 1,2006,by issuing 10,500 shares of its $10 par value common stock with a fair value of $95 per share.On January 1,2006,Vega's land was undervalued by $40,000,its buildings were overvalued by $30,000,and equipment was undervalued by $80,000.The buildings have a 20-year life and the equipment has a 10-year life.$50,000 was attributed to an unrecorded trademark with a 16-year remaining life.There was no goodwill associated with this investment.
-Compute the December 31,2010,consolidated common stock.

• A)$450,000.
• B)$530,000.
• C)$555,000.
• D)$635,000.
• E)$525,000.

Comprehend cellular modification theory and its implications for neural circuits.

Identify and differentiate between habituation, sensitization, and dishabituation responses.

Recognize the biological basis and examples of learning and memory processes in model organisms.

Explain the concept of fixed action patterns and sign stimuli in instinctive behaviors.

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Definitions:

Liable

Being legally responsible or obligated, especially in terms of financial compensation for damages or injuries.

Manufacturer

is a person or company that makes goods for sale, especially on a large scale, using machinery and labor.

Drunk Driving

The criminal act of operating a vehicle while impaired by alcohol or other drugs, beyond the legal limit.

Negligence

The failure to exercise reasonable care to avoid causing injury or loss to another person, resulting in liability for any damages caused.